A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2015 · Q51 Mark
The diagram shows a demand curve for a good. [Figure 5.1] Which statement describes the nature of this demand curve?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Agreater or smaller quantity is demanded as price changes.
Blower price is the result of a fall in demand.
CAs demand increases so does price.
DQuantity changes in proportion to the change in price.
✓ Correct answer
A: greater or smaller quantity is demanded as price changes.
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